When Markets Melt Down, These Traders Cash In

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When Markets Melt Down, These Traders Cash In
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Read an excerpt from “Chaos Kings,” WSJ reporter Scott Patterson’s new book about investors who make a fortune when markets melt down

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

Mark Spitznagel and Nassim Nicholas Taleb devised ways to reap huge profits from global chaos—and they expect a lot of chaos in the years aheadPhoto-illustration by Alexandra Citrin-Safadi/The Wall Street Journal; Photos: Peter Morgan/Associated Press, Nassim Nicholas TalebAs investors fretted about the possibility that the White House and Republican lawmakers would fail to raise the debt ceiling, one $20 billion firm wasn’t concerned about the potential stock-market mayhem.

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